Thread regarding Weatherford International Ltd. layoffs

Expect over a quarter of a billion dollars in losses for Q4.

Results come out Feb 2

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Post ID: @OP+LxLx1WV

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Over quarter of a billion loss, try over half a billion .

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Post ID: @8gis+LxLx1WV

Tomorrow we will know how much we have improved since BDD left.

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Post ID: @6dti+LxLx1WV

What's that smell?

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Post ID: @4hcc+LxLx1WV

Getting very close to bankruptcy and restructuring.

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Post ID: @qll+LxLx1WV

Krishna will proudly announce that the loss is "only" $340 million this quarter and a massive improvement on previous quarters.

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Post ID: @pzi+LxLx1WV

Pay attention to gaap losses. They will throw out a better sounding non gaap number that conveniently is less of a loss

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Post ID: @auf+LxLx1WV

So how far away from bankruptcy restructuring?

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Post ID: @oqt+LxLx1WV

Billion not million

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Post ID: @nnz+LxLx1WV

That would be an improvement. They were burning 500MM per quarter

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Post ID: @tzo+LxLx1WV

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